Credit Suisse contractor who hired a spy to trail a former top banker is reportedly dead by suicide

- A lawyer representing security business Investigo says that the Credit Suisse contractor who hired the firm to investigate a former top executive, Iqbal Khan, is dead by suicide, according to a Bloomberg report on Monday.
- The contractor hired investigators from Investigo to look into Khan, Credit Suisse's former star banker, after he moved to co-head rival bank UBS's wealth management department.
- Credit Suisse reportedly worried Khan would convince other employees to join him, according to Bloomberg. Khan will begin working for UBS on Tuesday.
- Visit Business Insider's homepage for more stories.
A lawyer representing security business Investigo says that the Credit Suisse contractor who hired the firm to investigate a former top executive, Iqbal Khan, is dead by suicide, according to a Bloomberg report on Monday.
The Credit Suisse contractor killed himself on Tuesday, Thomas Fingerhurth, the lawyer for security firm Investigo, reportedly said. Inside Paradeplatz, a Swiss business blog, first reported on the death.
The contractor hired Investigo investigators to look into Khan, Credit Suisse's former star banker, after he moved to co-head rival bank UBS's wealth management department. Credit Suisse reportedly worried Khan would convince other employees to join him, according to Bloomberg. Khan will begin working for UBS on Tuesday.Investigo was reportedly instructed to take photographs of Khan and identify people he met but advised not to get too close to him or break any laws.
On September 17, Khan was said to have noticed he was being surveilled and approached an investigator in his car. Khan confronted the lone investigator and attempted to take photographs of him using a cell phone, Investigo claimed, according to Bloomberg. The investigator blocked the picture using his hands and went away.
But Khan claimed that after he noticed three men following him and his wife, the men reportedly attempted to take his phone away from him, leading to a physical altercation.
Several people suspected of the pursuit were reportedly arrested after Khan filed a complaint, according to Swiss media.
In an internal memo, Credit Suisse reportedly claimed that the media's reporting of the confrontations were inaccurate and described it as "sensationalized," Bloomberg reported. Investigo reportedly claimed in a memo to Credit Suisse that its employee acted alone and "defensively" in the encounter with Khan.According to news reports, Khan and Credit Suisse chief executive Tidjane Thiam had an argument during a house party in Zurich. Khan was reportedly overlooked for a promotion after the Credit Suisse underwent reorganization, prompting him to leave the firm five months later, Bloomberg reported.
Credit Suisse said it would support Thiam amid the internal investigation into the matter.
If you or someone you know is struggling with depression or has had thoughts of harming themselves or taking their own life, get help. The National Suicide Prevention Lifeline (1-800-273-8255) provides 24/7, free, confidential support for people in distress, as well as best practices for professionals and resources to aid in prevention and crisis situations.

No data localisation -- no linking Aadhaar for social media account verification

Biggest data leaks of 2019

Pete Buttigieg reveals the clients he consulted for at McKinsey, a company he now calls 'amoral'

The Pentagon orders operational training pause for all Saudi students in the US after NAS Pensacola shooting

Hotstar wants to take the idea of Watch ‘N Play beyond IPL and sports
What is citizenship bill and how does it affect religious freedom in India?
India is slowing down so fast that even experts can’t keep up
Meet the 33-year-old Chennai techie who spotted Vikram Lander on Moon’s surface and alerted NASA
Raghuram Rajan's warning about Mudra loans last year may be coming true
Microsoft’s four-day work week idea will be good for Indians— but there is a lot to be fixed before that
Dues, death and an investigation — all that went wrong with OYO hotels in the last 6 months
Three wise men who exited Vodafone India just in time to make millions
SAIF Partners invested in Swiggy when they just had a landing page – today they are going after more seed stage startups, here’s why
SIGN IN WITH
FacebookGoogleEmail